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Author Topic: alternative to coinomi (android)  (Read 656 times)
bitmover (OP)
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September 09, 2023, 06:31:02 PM
Merited by DaveF (2), LoyceV (2)
 #1

Following LoyceV topic (https://bitcointalk.org/index.php?topic=5464936.msg62764298#msg62764298), I discovered that coinomi project is abandoned. Sadly he closed his topic and I neeed to open a new one.

I use coinomi since 2017 for  bitcoin, stablecoins and some altcoins when needed. I know it is not safe but I try to keep at most 500 usd there. I like to have crypto in my phone .

As coinomi project is abandoned, not receiving  updates for more than a year, I am looking for a similar multicurrency wallet, for android mobile.

Any suggestions? I don't want to use trust wallet as it is owned by binance.

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September 09, 2023, 06:36:31 PM
Merited by bitmover (2), _act_ (1)
 #2

Let me quote myself from LoyceV's thread

Have you considered Unstoppable Wallet? Which is open source multi-crypto available on both Android and IOS.

Their supported coins list - https://www.cryptowisser.com/wallet/unstoppable-wallet/coins?page=1

URL: https://unstoppable.money/
Github: https://github.com/horizontalsystems

AFAIK,  Unstoppable Wallet seems to be the most recommended one for multi-crypto mobile wallet by most of the community members for now.

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September 09, 2023, 06:40:52 PM
Last edit: September 09, 2023, 07:12:19 PM by OmegaStarScream
Merited by bitmover (1)
 #3

I also recommend Unstoppable. If you want something open source, that works for storing alts. Alternatively, and if you don't mind the wallets being closed source, Exodus might be a good choice. They have desktop, mobile apps and also an extension.

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September 09, 2023, 06:42:49 PM
Merited by bitmover (1)
 #4

I installed Unstoppable Wallet on mobile, as it comes highly recommended.
The first impression was disappointing though: it shows 4 shitcoins by default, and Tor wasn't enabled. So the default settings need instant changing.
They're also a NFT link on the screen, and unfortunately I can't find how to get rid of it.

Other than that, it seems okay.

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September 09, 2023, 07:38:08 PM
Last edit: September 09, 2023, 09:01:46 PM by _act_
Merited by DaveF (2)
 #5

The first impression was disappointing though: it shows 4 shitcoins by default, and Tor wasn't enabled. So the default settings need instant changing.
They're also a NFT link on the screen, and unfortunately I can't find how to get rid of it.
I am not into NFT and I did not almost notice the NFT. I do not know how it even works.

It does not support TOR by default and most wallets does not. You can go to settings to enable Tor and it works as usual.

Unstoppable is not for bitcoin. It is  supporting bitcoin but people using bitcoin wallet can not use it because it is a shit bitcoin wallet. It is made for shitcoins.

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September 09, 2023, 08:27:15 PM
Merited by LoyceV (2), bitmover (2), _act_ (1)
 #6

The other issue with unstoppable is that there are a lot of shit coins that are very popular that it does not (or at least did not) support. How can any multicoin wallet not have doge? Yes it's a joke as a coin, but it's popular and used.

I am with bitmover, in the fact that I use coinomi but never have any real funds in there.

If someone wants my $25 in LTC and $20 in Doge and $20 (ish) in ETH and the other $50 in tokens. Have at it. I have probably saved more then that value in time not having to deal with 3 wallets every time I swapped phones.

I am really surprised that nobody has tried to make a good muticoin wallet. They all seem to get to some point and then go 'meh, good enough'

-Dave


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September 09, 2023, 09:10:37 PM
 #7

The other issue with unstoppable is that there are a lot of shit coins that are very popular that it does not (or at least did not) support. How can any multicoin wallet not have doge? Yes it's a joke as a coin, but it's popular and used.

I am with bitmover, in the fact that I use coinomi but never have any real funds in there.

If someone wants my $25 in LTC and $20 in Doge and $20 (ish) in ETH and the other $50 in tokens. Have at it. I have probably saved more then that value in time not having to deal with 3 wallets every time I swapped phones.

I am really surprised that nobody has tried to make a good muticoin wallet. They all seem to get to some point and then go 'meh, good enough'

-Dave



I agree...

I also recommend Unstoppable. If you want something open source, that works for storing alts.

Let me quote myself from LoyceV's thread

Have you considered Unstoppable Wallet? Which is open source multi-crypto available on both Android and IOS.
I need a good multicurrency wallet, and a good bitcoin wallet in the same app.

coinomi supported all the best altcoins, and it was an amazing bitcoin wallet. It supported coin control, sign messages, all address formats and so on.

Does Unstoppable supports these bitcoin features? I will give it a try.

.
.BLACKJACK ♠ FUN.
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September 09, 2023, 09:19:25 PM
Merited by Findingnemo (1)
 #8

I need a good multicurrency wallet, and a good bitcoin wallet in the same app.

coinomi supported all the best altcoins, and it was an amazing bitcoin wallet. It supported coin control, sign messages, all address formats and so on.

Does Unstoppable supports these bitcoin features? I will give it a try.
I used Coinomi for a while and I knew it support signing message and customizing fee, but I did not see it having coin control, I have it on mobile device. Probably it would be the desktop device that has coin control because I have not seen it there before on mobile. It is a close source wallet.

Coinomi is supporting all bitcoin address format until P2TR was activated. It is not supporting P2TR.

Unstoppable wallet support legacy, nested segwit, native segwit and P2TR bitcoin addresses.




It is not supporting coin control.

It can not sign a message.

You can use it to customize fee.

Separate your bitcoin wallet from those altcoins because there is not better wallets like those wallet that support bitcoin only like Electrum, Sparrow, Bluewallet. Coinomi even lacks many things that these wallets supports.

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September 09, 2023, 09:33:05 PM
 #9


It is not supporting coin control.

It can not sign a message.

You can use it to customize fee.


Added to this,  their fee estimation is pretty vague so you can't estimate the actual fee without looking into https://mempool.space/ like site.



You can't see all the addresses until the created one atleast get a successful transaction.

So as said its good wallet for multiple coins but definitely not the one for Bitcoin.

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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September 09, 2023, 09:40:29 PM
 #10

Added to this,  their fee estimation is pretty vague so you can't estimate the actual fee without looking into https://mempool.space/ like site.


You can't see all the addresses until the created one atleast get a successful transaction.

So as said its good wallet for multiple coins but definitely not the one for Bitcoin.
I have not used it before for bitcoin. The last time I used Electrum wallet because the wallet do not have RBF. I could have used the wallet but the RBF it does not have for bitcoin will not let me use it. Even if I am using Electrum, I still use jochen-hoenicke.de or mempool.space for fee. There can be a good wallet that do not estimate the fee accurately too.

If you send to the wallet, the address will change to another one but you can not see all the addresses, that is true.

It is a good wallet for many coins but not also supporting many coins like that. There are many coins that it is not supporting and it is support just only the peg of some coins like doge. If you want me to begin, I can name many coins it is not supporting but I like it because it is open source.

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September 09, 2023, 10:17:12 PM
Merited by _act_ (1)
 #11

I need a good multicurrency wallet, and a good bitcoin wallet in the same app.

coinomi supported all the best altcoins, and it was an amazing bitcoin wallet. It supported coin control, sign messages, all address formats and so on.

Does Unstoppable supports these bitcoin features? I will give it a try.
I used Coinomi for a while and I knew it support signing message and customizing fee, but I did not see it having coin control, I have it on mobile device. Probably it would be the desktop device that has coin control because I have not seen it there before on mobile. It is a close source wallet.

Coinomi is supporting all bitcoin address format until P2TR was activated. It is not supporting P2TR.

Well, coinomi allows you to click the ... and select "shows spendable outputs " and select which one to spend

https://coinomi.freshdesk.com/support/solutions/articles/29000030928-managing-your-utxos

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.BLACKJACK ♠ FUN.
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September 09, 2023, 10:23:41 PM
 #12

Any suggestions? I don't want to use trust wallet as it is owned by binance.
Don't use Trust wallet or any other similar closed source wallets, but don't expect to find perfect replacement for Coinomi wallet, especially not for mobile devices.

Best option I found so far is Unstoppable.money open source wallet, that has Tor support and support for Bitcoin and few shitcoins.
Another alternative you can try is Komodo Wallet (ex AtomicDEX) that can serve as wallet and atomic swap exchange.
There are few more wallets I tried but they are either in early stages of development or just bad so I won't mention them.
Safest option is probably hardware wallets like Bitbox, Trezor, Keystone, Onekey.

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virasog
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September 10, 2023, 06:40:00 AM
Merited by bitmover (2)
 #13

AFAIK,  Unstoppable Wallet seems to be the most recommended one for multi-crypto mobile wallet by most of the community members for now.

Not only the Unstoppable Wallet is recommended by the community members for altcoins, but it is also recommended by Theymos here.

Quote
If you have a large variety of different crypto assets that you need to store, there's Unstoppable wallet.

So, I guess everyone should use the open source unstoppable wallet and abandon the use of the closed source Trust wallet.
For bitcoin, I personally use the Electrum wallet and also recommend it to everyone.

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LoyceV
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September 10, 2023, 07:33:30 AM
 #14

One thing to keep in mind: when enabling Tor and "More Private" sources, syncing the wallet takes a lot longer and consumes quite a bit of data.

After playing with it's settings a bit, the one thing I really dislike is asking for my PIN when I open the app. I'd like to only enter the PIN when I make a transaction. I guess I'll go without PIN, I only use shitcoins for very small quick payments.



The other issue with unstoppable is that there are a lot of shit coins that are very popular that it does not (or at least did not) support. How can any multicoin wallet not have doge? Yes it's a joke as a coin, but it's popular and used.
It does on the other hand support many centralized coins. There's nothing "unstoppable" about that.

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September 10, 2023, 12:37:02 PM
 #15

OT, and no I'm not going to do it or even try to find people to do it.
But, does anyone think having an open source but PAID multicoin wallet would work.

There are expenses in putting things in the apple / andriod store
There are expenses in keeping development running.
There are expenses in keeping the back end servers running.

And so on. If 10% of the 1 million plus people that downloaded coinomi put in $1 they would have generated $100000 for development & upkeep.
Not a lot but enough to possibly keep it going better then it has.


Personally I have a dozen little things that I would like to work on. But since they do consume time and generate $0 money they are the last thing on the list to get done so they never get done. If I could even envision a way to generate a little money I could justify pulling some $ out of pocket to pay someone in the hopes that it might make money. But since I KNOW the potential profit is $0 they are free time things....

-Dave

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bitmover (OP)
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September 10, 2023, 03:04:11 PM
 #16

And so on. If 10% of the 1 million plus people that downloaded coinomi put in $1 they would have generated $100000 for development & upkeep.
Not a lot but enough to possibly keep it going better then it has.

Coinomi had some revenue. They used to have integrated swaps such as Changelly and other third party services. They probably received some money from they.

Some coins payed to be listed, and so on.


Quote
Personally I have a dozen little things that I would like to work on. But since they do consume time and generate $0 money they are the last thing on the list to get done so they never get done. If I could even envision a way to generate a little money I could justify pulling some $ out of pocket to pay someone in the hopes that it might make money. But since I KNOW the potential profit is $0 they are free time things....

Sometimes doing for free to learn is very good as well. But those $0 projects might even surprise you.
I recently got a sponsor in my domain. It is a small money, but certainly I now have a great incentive to continue development

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LoyceMobile
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September 10, 2023, 05:37:56 PM
Last edit: September 11, 2023, 06:55:06 AM by LoyceMobile
 #17

If 10% of the 1 million plus people that downloaded coinomi put in $1 they would have generated $100000 for development & upkeep.
Not a lot but enough to possibly keep it going better then it has.
Usually, apps create a paid version with more features, or without ads. So I guess that's what works for most users.

With Bitcoin related programs, I'm more used to seeing as subtle donation link once in a while. Even if users don't pay, as long as they use it they can contribute by recommending it to others.

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libert19
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September 10, 2023, 11:52:15 PM
 #18

I need a good multicurrency wallet, and a good bitcoin wallet in the same app.

coinomi supported all the best altcoins, and it was an amazing bitcoin wallet. It supported coin control, sign messages, all address formats and so on.

Coinomi haven't gotten update in a while but all it's features still works well, it hasn't been abandoned. Stick with it, until it stops working altogether.


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bitmover (OP)
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September 11, 2023, 12:17:06 AM
 #19

I need a good multicurrency wallet, and a good bitcoin wallet in the same app.

coinomi supported all the best altcoins, and it was an amazing bitcoin wallet. It supported coin control, sign messages, all address formats and so on.

Coinomi haven't gotten update in a while but all it's features still works well, it hasn't been abandoned. Stick with it, until it stops working altogether.



The problem is that it won't receive updates on new vulnerabilities that might be found.

There is a risk using outdated software,  which is not worth

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gunhell16
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September 11, 2023, 06:11:07 AM
 #20

Following LoyceV topic (https://bitcointalk.org/index.php?topic=5464936.msg62764298#msg62764298), I discovered that coinomi project is abandoned. Sadly he closed his topic and I neeed to open a new one.

I use coinomi since 2017 for  bitcoin, stablecoins and some altcoins when needed. I know it is not safe but I try to keep at most 500 usd there. I like to have crypto in my phone .

As coinomi project is abandoned, not receiving  updates for more than a year, I am looking for a similar multicurrency wallet, for android mobile.

Any suggestions? I don't want to use trust wallet as it is owned by binance.

It's just sad because coinomi, which has been around for a long time in the crypto space, we just hear that it has been neglected, I used to use it too. Maybe I'll just give suggestions and it's up to you to choose what you think is okay from what I'll mention dude.

And Jaxx Liberty is one of them, so far I haven't heard of any serious issues with this non-custodial wallet.

Quote
Pros

Simple interface and setup to manage many different cryptocurrencies
Hierarchical deterministic platform
Secure customer service channel within the app
Partner integrations to purchase and exchange cryptocurrencies

cons

Limited number of cryptocurrencies supported compared to other wallets
No staking interface
No direct support for NFTs in the wallet
Not recommended for holding large amounts of cryptocurrency

source: https://www.investopedia.com/jaxx-liberty-cryptocurrency-wallet-review-5271356

As for Zengo wallet, like Jaxx, I've only known minor issues with it, and I haven't heard of any serious issues.

ZenGo Pros & Cons

Quote
Pros
Beginner Friendly & Easy to Use
High Level of Security with 3FA & MPC Technology
24/7 Live Customer Support
Multi-Chain Wallet

cons

Limited Supported Cryptos
Mid to High-Level Fees
Not All Features Available Worldwide
source: https://everybithelps.io/zengo-review/#google_vignette

And the last one is Unstoppable wallet, I have some issues I just found here this is the link;

- https://www.reddit.com/r/zec/comments/11jjeit/is_unstoppable_wallet_able_to_cope_with_the_zcash/?rdt=45798
- https://github.com/horizontalsystems/unstoppable-wallet-android/issues

Unstoppable Pros and Cons

Quote
Pros:

Supports a wide range of cryptocurrencies, including ERC-721 and ERC-1155 tokens. Offers a built-in NFT marketplace. Uses biometric authentication for security.

Cons: The user interface can be a bit confusing for beginners.

source: https://www.producthunt.com/products/unstoppable-domains/reviews

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